Nokia has almost completed their acquisition of Alcatel-Lucent

Nokia has almost completed their acquisition of Alcatel-Lucent
Last April, Nokia announced its acquisition of Alcatel-Lucent for 15.6 billion in an all-stock deal that was intended to strengthen the company's telecom-equipment market share.

As of writing, Nokia has acquired 91 percent of Lucent's shares, suggesting the transaction will close in the coming weeks.



Nokia has begun combining operations for the two companies in an effort to better rival giants Ericsson and Huawei.

Source:
GSMA



Written by: Andre Yoskowitz @ 11 Feb 2016 9:38
Tags
Nokia Alcatel-Lucent Telecom
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